Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.1616312 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.1626 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Outside Up’ candle pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1648 |
| 2nd High | 0.1636 |
| Next High | 0.1626 |
| Current Price | 0.159500000 |
| Next Low | 0.1563 |
| 2nd Low | 0.1562 |
| 3rd Low | 0.1544 |
0.1626 – 0.1636 – 0.1598 – 0.1597 – 0.1563 – 0.1562 —
0.160400000 – 0.159000000 —
43.550306701567 – 33.113942372698 —
– —
0.1626 – 1781386200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – – –